FICO Survey: Student Loan Crisis May Be Brewing

More and more risk managers are concerned that a troubling wave of student loan delinquencies may be building on the horizon.

A FICO quarterly survey of risk managers shows that more than two-thirds are seriously concerned over the levels of debts carried by students, and 67 percent believe delinquencies on student loans will rise, well above a 19 percent tally from a previous survey.

"They are worried about the amount of student loans that are out there and the ability of those students to repay them," says Mark Greene, CEO of FICO, which provides credit scores, according to The Daily Ticker, a Yahoo Finance news service.

"Clearly education has a great return on investment so there is no suggestion you should avoid taking out loans, but be careful what you are getting into," Greene adds.